Ronnie L. Fleming - 29 Sep 2023 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
President and CEO, Director
Signature
/s/ Shelley Kitts, attorney-in-fact
Issuer symbol
GWRS
Transactions as of
29 Sep 2023
Net transactions value
-$31,625
Form type
4
Filing time
03 Oct 2023, 19:50:56 UTC
Previous filing
05 Sep 2023
Next filing
02 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $0 +3,188 +2.9% $0.000000 113,537 29 Sep 2023 Direct F1
transaction GWRS Common Stock Disposed to Issuer $31,625 -3,188 -2.8% $9.92 110,349 29 Sep 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GWRS Restricted Stock Units Award $0 +47 +0.26% $0.000000 18,450 29 Sep 2023 Common Stock 47 Direct F1, F3, F4
transaction GWRS Restricted Stock Units Options Exercise $0 -3,188 -17% $0.000000 15,262 29 Sep 2023 Common Stock 3,188 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
F2 The exercise price was determined by taking the weighted average closing share price of the Company's common stock of the five day period prior to September 29, 2023.
F3 The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.
F4 The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.
F5 The RSUs are exercisable at time of vesting and do not have a set expiration date.